South Korea’s Regulator Tightens AML Supervision
South Korea’s financial authorities are ramping up their anti-money laundering (AML) initiatives to tackle the rising risks associated with the swift increase in virtual asset transactions.
SEC Dismisses Lawsuit Against Cumberland DRW
Months after the US Securities and Exchange Commission accused Cumberland DRW of operating an unregistered securities trading operation, the case is being dismissed.
Australia Won’t Create a Crypto Reserve
The Australian government currently has no plans to create a similar reserve.
Trump Says Altcoins Will Be Added to Crypto Strategic Reserve
US President Donald Trump revealed on social media the five digital assets he plans to include in a new US strategic cryptocurrency reserve, boosting the market value of each asset.
SEC Drops Lawsuit Against Consensys
The US Securities and Exchange Commission has withdrawn its lawsuit against Consensys, the creator of the widely-used MetaMask crypto wallet, the company announced on Thursday.
South Korea Unveils its Prosecution Crypto Crime Unit
The South Korean prosecution service has officially established a specialized unit dedicated to combating crypto scams and coin fraud.
US Senator Introduces Bill to Fight Crypto ATM Fraud
Senator Durbin’s proposed legislation stands as one of the first targeted federal efforts to regulate crypto ATM networks.
